Simple solution- How to US and Israel from Wars??

[waraich66]

Andrew Bolt – Monday, August 28, 06 (05:27 pm)


Yvonne Ridley, the British journalist who converted to Islam after being captured by the Taliban, interviews Malaysia’s former prime minister, Mahathir Mohammad:

Mahathir Mohammad: What enabled the Israelis to do what they are doing now is the United States, so the main culprit is the United States, in particular the present government of the United States. I wouldn’t blame all the Americans. A lot of Americans do not like this war, but their leadership advocates war, as a solution - not only to major problems, even minor problems - we have to kill people. These are really war criminals. That is why we think that something has to be done against the United States.

Yvonne Ridley, Interviewer: What can you do against the United States? It’s a very big country, and it has an arsenal of weapons greater than the next collective 27 armies.

Mahathir Mohammad: Yes, there is of course, to this thing. When you do something to the United States they are going to retaliate. But the United States is not as powerful as it’s made out to be. It is, for example, a bankrupt nation. It owes the world 14 trillion dollars, and it is truly able to finance itself and the war and the supply of arms to Israel, through the money that is lent to the United States by rich countries, some of which are Muslim countries. And if you stop using the U.S. dollar… Even if you want to sell oil, you can continue to sell oil, but insist on being paid in euros, or yen, or whatever… If you do that, then the U.S. dollar will not be half the value that it has today, and if it doesn’t have the value that it has today, it cannot spend money producing arms and supporting aggressive actions by the Israelis.

Yvonne Ridley, Interviewer: So do you really think that there are Arab leaders who, if they had the will to change currency, that they could bring America to its knees?

Mahathir Mohammad: There may not be anybody who is willing to be high profile in this matter, but they can do this quietly. There are ways of doing this which would be just as effective, not sounding very belligerent.

You might wonder from the video why Ridley seems so OK with Mahathir’s rantings and threats.

Herald Sun Andrew Bolt Blog

Excellent idea

 

[waraich66]

Iran stops selling oil in U.S. dollars -report
Sat Dec 8, 2007 10:10am GMT Email | Print | Share| Single Page[-] Text [+]
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More Business & Investing News... TEHRAN (Reuters) - Iran has completely stopped selling any of its oil for U.S. dollars, an Iranian news agency reported on Saturday, citing the oil minister of the world's fourth-largest crude producer.

The ISNA news agency did not give a direct quote from Oil Minister Gholamhossein Nozari. A senior oil official last month said "nearly all" of Iran's crude oil sales were now being paid for in non-U.S. currencies.

For nearly two years, OPEC's second biggest producer has been reducing its exposure to the dollar, saying the weak U.S. currency is eroding its purchasing power.

Iranian President Mahmoud Ahmadinejad, who often rails against the West, has called the U.S. currency a "worthless piece of paper."

Foes since Iran's 1979 Islamic revolution, Tehran and Washington are also at odds over Tehran's disputed nuclear programme as well as over policy in Iraq.

"In line with the policy of selling crude oil in currencies other than the U.S. dollar, currently the sale of our country's oil in U.S. dollars has been completely eliminated," ISNA reported after talking with Nozari.

Nozari told ISNA: "In regards to the decrease in the dollar's value and the loss exporters of crude oil have endured from this trend, the dollar is no longer a reliable currency."

"This is why, at the meeting of the heads of states, Iran proposed to OPEC members that a currency (for oil exports) would be determined that would be reliable and would not cause any loss to exporter countries," he said.

At a November summit of Organization of the Petroleum Exporting Countries heads of state, Iran suggested oil should be sold in a basket of currencies rather than dollars, but failed to win over other members except Venezuela. Continued...

 

[beetel]

What is your argument..
Can you explain why the value of pound is so high..?

 

[ahmeddsid]

Look many of these so called "Muslim Countries and Rulers are supported by the US, so they wont change the Status quo, coz if they do, then CIA will make sure someone else favoring US will be Ruling after an Orange or Purple or Hazel revolution!!! Its not as simple as Sir Mahatir is saying! Its a lot more complicated!

 

[waraich66]

Look many of these so called "Muslim Countries and Rulers are supported by the US, so they wont change the Status quo, coz if they do, then CIA will make sure someone else favoring US will be Ruling after an Orange or Purple or Hazel revolution!!! Its not as simple as Sir Mahatir is saying! Its a lot more complicated!

Now you can understand the importance of world oil resourses .US dont have gold in reserve against the value of dollar they had printed, they need to develop confidence of investors by evil tactics that international oil trade should be done only through dollar not any other currency.

Saddam refused to do so what happened to him? (Justification to attack on Iraq was wrong and based on fake assumption that Iraq has WMD.
Iran refused ,US planning to change regime there?
and so on....

 

[Ratus Ratus]

waraich66:
You post these now!!
Please, it is now 2009.

These two items came from 2006 and 2007.

Besides OPEC did have a big discussion re using the US dollar for oil prices and oil prices are still expressed in US dollars as per the OPEC decision.
End of issue.

 

[waraich66]

What is your argument..
Can you explain why the value of pound is so high..?

Answer is very simple UK had equal amount of gold against which they printed the currency.

That is seperate discussion they looted that Gold from INDIA :

 

[Ratus Ratus]

Answer is very simple UK had equal amount of gold against which they printed the currency.

That is seperate discussion they looted that Gold from INDIA :

Gold as a base for currency was removed in 1971.

So it does not matter how much gold there is it does not directly relate to a currency value.

Monetary value is controlled by many aspects of the free market.

Now since UK looted all that gold from India, when?, it is amusing to see than that the UK like all other nations are suffering from an economic downturn.

The UK pound gained against the SU dollar due to a cross effect of the euro and also some internal down turns in the US market, stock and interest.
If the US interest rates go down then people buy currency in a currency unit where the interest rates will return more than at home.
So as an exaggerated example, if the US suddenly had an interest rate of say 4% vs a UK rate of 2% them the US dollar will go up vs the UK pound. People would be selling UK pounds for US dollars to get a better return. This drives the US dollar up.

 

[waraich66]

Gold as a base for currency was removed in 1971.

So it does not matter how much gold there is it does not directly relate to a currency value.

Monetary value is controlled by many aspects of the free market.

Now since UK looted all that gold from India, when?, it is amusing to see than that the UK like all other nations are suffering from an economic downturn.

The UK pound gained against the SU dollar due to a cross effect of the euro and also some internal down turns in the US market, stock and interest.
If the US interest rates go down then people buy currency in a currency unit where the interest rates will return more than at home.
So as an exaggerated example, if the US suddenly had an interest rate of say 4% vs a UK rate of 2% them the US dollar will go up vs the UK pound. People would be selling UK pounds for US dollars to get a better return. This drives the US dollar up.

Gold is major factor including GDP,inflation,market demand of currency etc.which determine the value of currency

Oil is major commodity which plays major role to determine the value of dollar it keeps demand of dollar very high in international market because oil selling country demanded payment in dollars not any other currency.


During 200 year rule of india Brithisher looted gold ,What was the exact quantity better ask your state bank governer.

 

[Ratus Ratus]

Gold is major factor including GDP,inflation,market demand of currency etc.which determine the value of currency
not quite.

Oil is major commodity which plays major role to determine the value of dollar it keeps demand of dollar very high in international market because oil selling country demanded payment in dollars not any other currency.
unreated.

During 200 year rule of india Brithisher looted gold ,What was the exact quantity better ask your state bank governer.
Why would my state bank governor know this?
I doubt even the Federal Bank Governor would know.

The price of gold and also the price of oil are inversely linked. One goes up the other down, nothing to do with currency values.

Gold has a close traditional link with inflation and recessional trends. Normally linked to inflation ones.
Currency values are heavily linked to that of National set interest rates and also market trends of stock. This is also associated with, in a simplistic way, GDP.

In 2007/8 the value of the US dollar went down against many currencies due, not to gold, but interest rates, that is the financial markets. Add to that the falls at the time with Wall Street, again mainly financial market issues.

You are looking at the symptoms not the reasons and classing the symptom as the reason.

 

[waraich66]

The price of gold and also the price of oil are inversely linked. One goes up the other down, nothing to do with currency values.

Gold prices are going up now because of recession in world market because it demand is increasing,investor are losing trust on investment banks.

Gold has a close traditional link with inflation and recessional trends. Normally linked to inflation ones.
Currency values are heavily linked to that of National set interest rates and also market trends of stock. This is also associated with, in a simplistic way, GDP.

Yes Gold demand goes up when their is ression in market and inflation is high. but international demand of currency determine stability and strength of currency with other currency ultimately national set intrest rates effected.

In 2007/8 the value of the US dollar went down against many currencies due, not to gold, but interest rates, that is the financial markets. Add to that the falls at the time with Wall Street, again mainly financial market issues.

Present tremoil in US economy is due bankrupsy in all major sectors ,industrial,services,banking even bail out plan will not work .

You are looking at the symptoms not the reasons and classing the symptom as the reason.

only correct analysis of symptoms could lead us to identify reasons.:

 

[Ratus Ratus]

only correct analysis of symptoms could lead us to identify reasons.:

But you are like the doctor who has the lack of sight and is only able to treat the symptom and pretend thay are the reasons.

Simply go do some economic reading then come back and I may talk with you on this.

 

[waraich66]

But you are like the doctor who has the lack of sight and is only able to treat the symptom and pretend thay are the reasons.

Simply go do some economic reading then come back and I may talk with you on this.

You comment that oil and gold are inversly proportional is totally wrong ,see the last one year statistics show you the real facts.

I know your limitation you could not speak againt your masters ,try to see the world without western glasses ,you will observe that imperialism is talking last breadths ,their economic laws based on intrests are failing like socialism and camunism.